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Assume that the bank's bid quote of Mexican peso is $.126 and ask price is $.129. If you have Mexican pesos, what is the amount

Assume that the bank's bid quote of Mexican peso is $.126 and ask price is $.129. If you have Mexican pesos, what is the amount of pesos that you need to purchase $100,000?

12,600

775,194

793,651

12,900

An increase inflation rate for the United States relative to other countries would ____ the USs current account balance, other things equal. An increase growth in the US income level relative to other countries would ____ the USs current account balance, other things equal

increase; increase

increase; decrease

decrease; decrease

decrease; increase

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